Starting [March 4th], the IRS will know just how much a player who won more than $5,000 actually won and will demand the player pay taxes on the winnings of 25 percent. If a player refuses to give the casino his tax information, then the casino must take 28 percent of the winnings for taxes.

Granted, any winnings like these should have been reported to the IRS with form W-2G (it's the white one), but this whole deal still reeks of total bullshit. People paying taxes on money that's already been taxed because it came from other people that entered the tournament? Plus, 25 percent? Are we now living in a socialist regime? I hadn't realized the Canadian dollar was so strong that it was taking over our entire government. Fucking Patriot Act. — Monday Morning Punter

As a fuck you to the IRS, I'm playing in some tournaments this weekend.

Top prize: $4,999.

03.06.08 at 2:39 pm

kevin

Somebody named Tits Magee is going to be pissed when he finds out that I've been using his name and tax information in casino's.

03.06.08 at 3:02 pm

Punch Rockgroin

Thankfully I'm an illegal immigrant.

03.06.08 at 3:03 pm

Otto Man

<i>God damn Demi-crats.</i>

Nope. Like the earlier ban on online poker, this is 100% Republican. Straight out of Bush's IRS.

03.06.08 at 3:07 pm

HoHosWeKnows

You can deduct gambling losses from gambling winnings on your taxes–my shitty play has kept me safe from the IRS for years. Of course, to be safe, you would need to get a receipt from the casino every time you lose.

Fuck you, tax man.

03.06.08 at 3:11 pm

Punch Rockgroin

Please.

Let's call it "gaming". It's not gambling, because I have a system.

03.06.08 at 4:03 pm

Pauly

Dear IRS,

In my club, I will splash the pot whenever the fuck I please.

Sincerely,

Fuck You

03.06.08 at 4:08 pm

Enrico Pallazzo

If you refuse to pay the tax, you will have to answer to casino greeter and former heavyweight boxer, Jerry Cooney.

03.06.08 at 4:09 pm

Enrico Pallazzo

Oh yeah, and I'm guessing the Gamblor now works for the IRS…alongside Irwin R. Schyster.

03.06.08 at 4:15 pm

JonathanWK

Nope. Like the earlier ban on online poker, this is 100% Republican. Straight out of Bush's IRS.

Yeah, that online poker ban passed 317-93. I'm pretty sure they had some Demi-crats on board. Don't ever get fooled into thinking that one of the parties sucks less than the other. They might take turns sucking more for a few years or so, but at the end of the day, neither one gives a shit about you.

And it wasn't much of a ban. Full Tilt lets me piss away as much money as I want on their site, no questions asked. God bless 'em.